🚨 BREAKING: $635.6M WORTH OF BITCOIN ETF MONEY EXITED IN ONE DAY
U.S. spot Bitcoin ETFs recorded $635.6M in net outflows on October 22, their largest single-day withdrawal since June 25.
🔴 Bitcoin ETFs: -$635.6M
🔴 Ethereum ETFs: -$110.6M
BlackRock’s IBIT, Fidelity’s FBTC, and ARKB led Bitcoin ETF outflows. Ethereum funds also faced pressure, with $75.5M leaving BlackRock’s ETHA.
Here’s the key question: Is institutional demand weakening, or are investors temporarily reducing risk?
One day of outflows does not confirm a sustained sell-off. The next ETF flow data and Bitcoin’s price reaction will help show whether buyers are absorbing the pressure.
#Bitcoin #BTC #CryptoNews #BitcoinETF #Ethereum
U.S. spot Bitcoin ETFs recorded $635.6M in net outflows on October 22, their largest single-day withdrawal since June 25.
🔴 Bitcoin ETFs: -$635.6M
🔴 Ethereum ETFs: -$110.6M
BlackRock’s IBIT, Fidelity’s FBTC, and ARKB led Bitcoin ETF outflows. Ethereum funds also faced pressure, with $75.5M leaving BlackRock’s ETHA.
Here’s the key question: Is institutional demand weakening, or are investors temporarily reducing risk?
One day of outflows does not confirm a sustained sell-off. The next ETF flow data and Bitcoin’s price reaction will help show whether buyers are absorbing the pressure.
#Bitcoin #BTC #CryptoNews #BitcoinETF #Ethereum